Zywave offers new learning management software
Zywave’s new software aims to help brokers broaden client training tools.
The insurance benefits tech provider released Zywave Learning, a new software that enables brokers to give their clients access to more than 200 training courses.
Zywave Learning includes 150 industry specific courses for employers in the construction, transportation, restaurant and chemical industries. It also has sexual harassment prevention courses for employers in California, Connecticut, Delaware and New York. Many of the courses come with English and Spanish language options.
Eric Rentsch, vice president of product management at Zywave, says the tool allows brokers to “add value, improve client retention and differentiate themselves from the competition, while helping clients mitigate potential costs attributed to lawsuits, penalties and workers’ compensation claims.” All courses are accessible via mobile devices, which makes training convenient for employers, he adds.
See also: Zywave M&A heats up with RateFactory buy
The new learning software allows employers to create groups of managers, employees and new hires, which can then be assigned to complete multiple courses. Employers can also use the tool to track employee progress.
There have been a number of benefits and technology companies making updates to their broker tech. For example, BenefitMall rolled out a new tool for its more than 20,000 adviser clients called Agency Workspace, which aims to help brokers better organize their book of business. The online tool is meant to centralize the client consultation and purchasing process, the benefits provider says.
Zywave has been moving to acquire smaller insurance tech firms as well as make updates to the tools it already offers. In June, the company acquired RateFactory, a small group rating engine that is directly linked to insurance carrier quoting systems — its second acquisition since October. The company also recently moved to automate its commission tracking system, BrokerageBuilder.